Margin and Client Money Sample Clauses

The 'Margin and Client Money' clause defines how a party must provide and maintain collateral (margin) and how client funds are handled in the context of a financial or trading agreement. It typically outlines the requirements for depositing margin, the types of acceptable collateral, and the procedures for segregating or safeguarding client money. For example, it may specify that client funds must be kept in separate accounts or detail the process for returning excess margin. This clause ensures the protection of client assets and mitigates counterparty risk by clarifying the handling and security of funds and collateral.
Margin and Client Money. Assets Following the transfer of a contract in the terms of a Linked LIFFE Contract and the creation of a contract in the terms of a Participating Exchange Contract or prior to the transfer of a contract in the terms of a Linked Participating Exchange Contract and the creation of a contract in the terms of a LIFFE Contract (as the case may be), margin requirements will be determined in accordance with the rules of the Participating Exchange rather than LIFFE Rules. Any money or assets held in any country other than the UK may be subject to the applicable law of that country rather than UK client money and other assets rules, and you should satisfy yourself that this is acceptable to you before instructing us to transact any such business. PROVISIONS RELATING TO OUTWARD TRANSFERS OF LINKED LIFFE CONTRACTS
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